Palantir (PLTR) Q3 Revenues Beat; Raises FY Revenue Outlook

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Palantir Reports Revenue Growth of 52% in the Third Quarter, Raises Full-Year 2020 Guidance

November 12, 2020 4:05 PM EST

New Contracts with U.S. Army and National Institutes of Health;

$300 Million Renewal with Aerospace Customer Announced

DENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) reported its financial results today for the third quarter of 2020.

Summary

$289.4 million in revenue in the third quarter, up 52% year-over-year Full-year 2020 revenue guidance raised to a range of $1.070 billion to $1.072 billion, up 44% year-over-year New contracts in third quarter include U.S. Army ($91 million), National Institutes... More